Sentences with phrase «selected guarantee period»

If you die during the guarantee period, the annuity will continue to make income payments until the end of the selected guarantee period or you could select the remaining payments are paid as a lump sum (this option is not permitted where the guarantee period is 10 years).
If you die during the guarantee period, the annuity will continue to make income payments until the end of the selected guarantee period or you could select that the remaining payments are paid as a lump sum (this option is not permitted where the guarantee period is 10 years).
Selecting a guarantee period will provide a slightly lower level of income, but it guarantees that your estate continues to receive an income until the end of the guarantee term.

Not exact matches

A rate lock is a lender's guarantee that the rate you have selected is protected against rate fluctuations in the marketplace for a specified period of time.
Additional premium will be credited with interest rates in effect at the time premium is received, and the interest rate will be guaranteed for the same period as selected at the time of purchase.
Rate guaranteed for the period selected.
For example, if your client selected a Focused Growth Annuity 3, all subsequent guarantee periods will be 3 years.
In return for your payment of a single premium, we guarantee to pay you a specified income for the period of time you select.
When a guaranteed period option is chosen, if you die before the end of the period you selected, the payments will continue to your designated beneficiary.
§ If you elect the 3 - year or 5 - year guarantee period, the rate credited to your contract will be lower than if the extended guaranteed period had not been selected.
For the remaining years of an extended guaranteed period, the interest rate credited will remain fixed and may be higher or lower than that credited to contracts where an extended guaranteed period was not selected.
Initial guarantee periods vary and depend upon the product you select.
Provides a guaranteed stream of income for a period of time selected by the policy owner (often for life)
During the period that is selected, the amount of the premium rate will remain the same — and, as long as the premium is paid, the policy will guarantee a level amount of life insurance protection up to the insured's age 95.
It's a renewable, temporary life insurance policy with an affordable premium that is guaranteed to remain the same for the time period you select (anywhere from 10 to 20 years).
Some choose to renew their policies on an annual basis but most choose guaranteed level term life insurance, which is where you a select coverage for a certain time period in increments of five years up to 30 years.
In return for your payment of a single premium, we guarantee to pay you a specified income for the period of time you select.
The rates are guaranteed to remain fixed for the entire level term period selected.
It is important that under this plan your premiums are guaranteed and remain level over the period you selected as your term period.
You have the option to keep the policy after the initial benefit guarantee period — the initial length of the policy you select — or to allow the policy to lapse.
* The monthly premium example is for a Protective Custom Choice Universal Life Insurance policy with a $ 100,000 death benefit for a 30 - year - old male insured, Select Preferred underwriting class, with a 10 - year guaranteed initial level benefit period.
* Premium for a 30 year old male, Select Preferred Non-Tobacco rate, 10 year initial guaranteed premium period.
Premiums were compared between the Protective Classic Choice Term life policy and the competitors» term products for a 30 - year old male with a $ 100,000 death benefit, select preferred non-tobacco underwriting class and a 10 - year initial guaranteed premium period.
Simply select a period between 10 and 20 years, and you can guarantee protection ** — at a fixed premium — for your loved ones.
The money in your annuity — which you invest as a lump sum — earns a guaranteed, fixed rate of interest for a period you select.
This provides payments to you for your lifetime or the 5 -, 10 - or 20 - year Guaranteed Period you select — whichever is longer.
Rates are Premier Select and are guaranteed to remain level for the 20 - year period.
Guaranteed level premiums throughout the life of your policy Option to select a specific period of time for level protection Income and living expense protection for dependents Funding for mortgage payment
Select - a-Term 10 10 - year term life insurance with rates guaranteed to remain the same for the entire 10 - year term period.
During the period that is selected, the amount of the premium rate will remain the same — and, as long as the premium is paid, the policy will guarantee a level amount of life insurance protection up to the insured's age 95.
Instead, you'll receive a guaranteed interest rate for the period you select — and that rate will never be less than the guaranteed minimum interest in your annuity contract.
Guaranteed level term life — premiums are designed to remain level for a select period of time (usually 5, 10, 15, 20, 25 or 30 years).
Regardless of which carrier you ultimately select and purchase a policy through, all guaranteed acceptance products feature a graded death benefit period.
Selected students may also try to sign up during this period, but there is no longer a guarantee of an open slot.
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